# PPP loan: IEC MECHANICAL CORPORATION
> **$201K** approved 02/19/2021 · Paid in Full · Loan `2128618506`
## Borrower
- **Name:** IEC MECHANICAL CORPORATION
- **Address:** 83 Leicester St, North Oxford, MA, 01537-1001
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $204K (102%)
- **Forgiveness date:** 09/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $201K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Digital FCU
- **Servicing:** Digital FCU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*